Clearwater has advised LDC on its investment in REAL Digital International Ltd (RDIL), the specialised data-led software solutions and automated fulfilment provider, to support the existing management team’s organic growth strategy. Clearwater also provided debt advisory support on this transaction.
Established in 2004, RDIL plays a key role in helping organisations to solve complex fulfilment challenges. The business optimises client supply chains through its use of automation technology, software, personalisation and managing bespoke uniquely coded products to create more efficient production processes and reduce costs.
The business supports a broad range of sectors including large healthcare organisations to operate pioneering home testing kit programmes to support home testing and screening programmes such as bowel cancer and general wellness. RDIL also serves some of the UK’s largest mobile network operators, providing a personalised mobile SIM packaging and delivery service across their broad supply chains.
RDIL, which is headquartered in Croydon, currently employs more than 80 people and will deliver revenues of €21m (£18m) in 2021.
LDC’s investment will support the existing management team – led by Managing Director Barry Stephens and Sales and Marketing Director Chris Tagg – to further grow RDIL’s services and market share across all sectors, particularly within healthcare, mobile and connected devices. LDC’s support will also enable the team to explore complementary acquisitions.
Apera provided debt financing to fund the transaction.
